Engel & Völkers
Beispiel Treppenhaus

Small ensemble of buildings in popular Hermsdorf

€1,350,000
  • 729 m² Total surface
  • 729 m² Living area
  • 2,749 m² Plot surface

Description

The property comprises a building complex built in around 1954, consisting of three structures with a total of 14 residential units, each spread over two full floors. The property is located on a spacious and well-kept plot of land, which impresses with its green surroundings and pleasant living atmosphere. The buildings are each accessed via a well-kept staircase with access balconies and are in a well-maintained condition, both technically and visually. The apartments are heated by gas floor heating, and hot water is provided by instantaneous water heaters. Some of the windows are plastic and some are classic wooden box-type windows. The bathrooms are mostly tiled in white. The building's façade was freshened up in recent years, and about 50% of the residential units have been modernized in the last ten years when there has been a change of tenant. The property's basement is also well maintained and shows no defects. The property is not currently within the scope of any preservation order. Building complex consisting of three structures Pure living Spacious property Not a protected area Sought-after residential area Good transport links Gas heating Attics not developed Average residential rent: 6.93 EUR/sqm O99563

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Engel & Völkers Commercial Berlin

Your advisor: Team Investement Residential and Commercial

Property ID: OI-BER-O99563

Property details

Object type

Apartment House

Total surface

729 m²

Living area

729 m²

Plot surface

2,749 m²

Target return

4.59351037037037 %

Energy efficiency information

Construction year

1954

Energy certificate available

No

Location: Hermsdorf, Berlin

The property is located in the popular Reinickendorf district of Hermsdorf, which is situated in the northern part of the borough. The location on Hermsdorfer Damm ensures excellent connections for both private and public transport. The A111 motorway and Hermsdorf S-Bahn station can be reached in just five minutes. The local main street, which is within walking distance, has a variety of supermarkets, restaurants and cafés, ensuring excellent local amenities and is a popular destination for residents in the area. The characteristic mix of single-family and multi-family homes, as well as some Wilhelminian-style villas, shape the quiet district. The location has become particularly popular with singles and couples of all ages due to its numerous green spaces and is considered very attractive due to its excellent infrastructure, proximity to nature and pleasant living atmosphere. The immediate proximity to Frohnau further enhances the quality of living.

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Engel & Völkers Commercial Berlin

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Provider:

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Commission details

The brokerage fee of 7.14% on the purchase price including statutory VAT is to be paid by the buyer.

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